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Have you ever wondered why Visa, MasterCard, and PayPal are so wildly profitable? Read the infographic below and you will begin to understand why. They have been coyly raising transaction fees over the years and now are significantly impacting merchant’s profits. Credit card and identity fraud surly have contributed to this rise however most payment processing companies are awash in profits as reflected in their financial statements.
Via: Point of sale software

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The Meaning of the word Haaretz

Haaretz or Ha'aretz translates from Hebrew (הארץ) as "The Land".

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HaaretzDaily.com is a business and financial news portal with a focus on activities in Israel & the Middle East and their impacts on global markets. The site is updated hourly with breaking news events from around the world. Get up to the minute updates on financial markets, foreign exchange, stocks, and economic indicators as they are released. Stories are published in English but are available in 59 languages through an easy to use translation feature found on the home page.